Since January 2009 this Europe-wide legislation has been a legal obligation in Scotland. All landlords wishing to rent out their property MUST ensure they have an EPC - unless they are prepared to face prosecution and a fine of up to £500.
Home owners wishing to sell their property should also be aware of the need for this legal certificate - although properties with a Home Report from December 2008 will already be covered as an EPC is a necessary part.
The thinking behind the EPC is to cut back on carbon emissions and make homes more energy efficient. The legislation puts the onus on the owner of the property - rather than the residing tenant - to come up with ways in which the energy efficiency of the home could be improved. The EPC details the energy efficiency of the building on a sliding scale from A to G (similar to that currently used for white goods).
But if it sounds yet another piece of paper or hoop to jump through for landlords well, it's not all bad news. For instance, you can't actually fail an EPC. And, with a favourable EPC, it could make your home far more desirable and easier to rent out.
Myra Blaik, Operations Director Clear Group said: "When it comes to EPCs, tax savings and grants are available to landlords who are prepared to improve the energy efficiency of their property.
"This could take the form of putting in a self-condensing boiler; installing double glazing, insulating existing flooring or even fitting energy saving light bulbs. The more energy efficient a property is, the easier it is to let as, let's face it, no tenant wants expensive energy bills."
The EPC was part of a Scottish Buildings Directive which also takes into account inspections of air-conditioning systems and provides advice on the most energy-efficient boiler to invest in.
You can obtain an energy report, at a cost of from £39, from various organisations, provided they have the seal of approval from the Scottish Government.
A list of accredited organisations can be found on the website www.energyperformancecertificatesscotland.co.uk.
When renting your flat you MUST give details of the EPC to tenants. It should be affixed next to your boiler or beside the meter.
More good news, an EPC isn't necessary when you're just renewing a lease and, once you have it, it's valid for ten years.

